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Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while paying zero or preferential tariffs as long as Rules of Origin (ROOs) are met. Meeting them is costly not only in terms of production costs but also in terms of documentation costs....
Persistent link: https://www.econbiz.de/10012659997
economic environment were most important in determining its success. I then examine a list of changes in the global economy … that are sometimes identified as warranting changes in the design of the GATT/WTO. I argue that the "terms-of-trade" theory … current challenges facing the WTO …
Persistent link: https://www.econbiz.de/10012585431
We examine how export expansion induced by the U.S-Vietnam Bilateral Trade Agreement (BTA) affected migration, school enrollment, work and healthcare use of young children and adolescents in Vietnam. To do so, we exploit variation in tariff reductions across industries associated with the BTA...
Persistent link: https://www.econbiz.de/10013172130
Trade policy uncertainty (TPU) has become an important source of economic uncertainty and research. We review the main sources and measures of TPU. We then provide a conceptual framework for modeling TPU and methods of estimating and quantifying its effects. We analyze its role in trade...
Persistent link: https://www.econbiz.de/10012814447
reflected in the broad design features of both GATT and GATS, the WTO agreements that govern international trade in goods and … agreement. From this perspective I consider whether the rise of digital trade warrants changes in the design of the WTO …
Persistent link: https://www.econbiz.de/10012794606
We study whether tariff preferences conferred on South Korean goods through the implementation of the Korea-U.S. Free Trade Agreement (KORUS) drew U.S. import demand away from other U.S. trading partners through the phenomenon known as trade diversion. In the two years following the...
Persistent link: https://www.econbiz.de/10012479566
WTO. We have three main findings. First, counter to the evidence elsewhere, trade increases strongly in anticipation of …
Persistent link: https://www.econbiz.de/10012479914
consumers. In addition to characterizing the features of the optimal new trade agreement in each environment, we ask whether …
Persistent link: https://www.econbiz.de/10012480078